Ichimoku analysis (Daily chart)
Tenken-Sen- $36037
Kijun-Sen- $37012
BTCUSD is holding above $40000 after Elon Musk tweet increased positive sentiment. The pair hit a high of $41050 yesterday and consolidating after a minor pullback. Bitcoin has lost more than 50% from an all-time high of $64985 due to negative news from China on crypto mining. It hits an intraday low of $39573 and is currently trading around $40239.
The near-term resistance is around $42500 (200- day MA). Any indicative break above targets $43339/$45870/$47000. Short-term trend continuation above $47000.
The pair's minor support is around $37300. Any convincing break below will drag the pair down to $36540/$34800/$30000. Any close below $30000 will drag the pair down to $26800/$20000.
Indicator (4-Hour chart)
CAM Indicator – Bullish
Directional movement index – Bullish
It is good to buy on dips around $39000 with SL around $37000 for TP of $47000.


FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Woodies pivot (Major)
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



